First Watch Restaurant Group Overview
- Year Founded
-
1983

- Status
-
Public
- Employees
-
15,000

- Stock Symbol
-
FWRG

- Investments
-
11
- Share Price
-
$20.00
- (As of Wednesday Closing)
First Watch Restaurant Group General Information
Description
First Watch Restaurant Group Inc is a daytime restaurant concept serving made-to-order breakfast, brunch, and lunch using fresh ingredients. It generates revenues from Restaurant sales and Franchise revenues.
Contact Information
Website
www.firstwatch.comCorporate Office
- 8725 Pendery Place
- Suite 201
- Bradenton, FL 34201
- United States
Corporate Office
- 8725 Pendery Place
- Suite 201
- Bradenton, FL 34201
- United States
First Watch Restaurant Group Timeline
First Watch Restaurant Group Stock Performance
As of 23-Apr-2025, First Watch Restaurant Group’s stock price is $20.00. Its current market cap is $1.22B with 61M shares.
(As of Wednesday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$20.00 | $19.88 | $12.90 - $25.98 | $1.22B | 61M | 687K | $0.31 |
First Watch Restaurant Group Financials Summary
As of 31-Dec-2024, First Watch Restaurant Group has a trailing 12-month revenue of $1.02B.
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
---|---|---|---|---|
EV | 1,854,971 | 1,854,971 | 1,723,603 | 1,252,347 |
Revenue | 1,015,910 | 1,015,910 | 891,551 | 730,162 |
EBITDA | 98,381 | 98,381 | 85,361 | 52,053 |
Net Income | 18,925 | 18,925 | 25,385 | 6,907 |
Total Assets | 1,514,356 | 1,514,356 | 1,267,045 | 1,104,446 |
Total Debt | 809,551 | 809,551 | 606,966 | 507,350 |
First Watch Restaurant Group Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
First Watch Restaurant Group Comparisons
Industry
Financing
Details
First Watch Restaurant Group Competitors (23)
One of First Watch Restaurant Group’s 23 competitors is Cracker Barrel Old Country Store, a Corporate Backed or Acquired company based in Lebanon, TN.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Cracker Barrel Old Country Store | Corporate Backed or Acquired | Lebanon, TN | ||||
Jack In The Box | Formerly PE-Backed | San Diego, CA | ||||
Denny's | Formerly PE-Backed | Spartanburg, SC | ||||
Pizza Hut (Restaurant) | Corporation | Petaling Jaya, Malaysia | ||||
Olive Garden | Corporation | Orlando, FL |
First Watch Restaurant Group Patents
First Watch Restaurant Group Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-D579788-S1 | Watch | Inactive | 02-May-2007 | ||
US-D580277-S1 | Watch | Inactive | 02-May-2007 | ||
US-D586667-S1 | Watch | Inactive | 02-May-2007 |
First Watch Restaurant Group Signals
First Watch Restaurant Group Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
First Watch Restaurant Group Investments (11)
First Watch Restaurant Group’s most recent deal was a Corporate Asset Purchase with First Watch Restaurants Group (Three Restaurants along with Their Development Rights in Missouri). The deal was made on 14-Apr-2025.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
First Watch Restaurants Group (Three Restaurants along with Their Development Rights in Missouri) | 14-Apr-2025 | Corporate Asset Purchase | Buildings and Property | ||
First Watch Restaurant Group (Portfolio of 16 Franchise Restaurants in Carolina, United States) | 11-Nov-2024 | Corporate Asset Purchase | Buildings and Property | ||
First Watch Restaurant Group (21 Franchise-Owned Restaurants in North Carolina, United States) | 15-Apr-2024 | Corporate Asset Purchase | Buildings and Property | ||
First Watch Restaurants (Twenty One Franchise Restaurants in North Carolina) | 15-Apr-2024 | Corporate Asset Purchase | Buildings and Property | ||
First Watch Restaurants (Franchise-Owned Restaurant in Broken Arrow, Oklahoma) | 22-Jan-2024 | Corporate Asset Purchase | Buildings and Property |
First Watch Restaurant Group ESG
Risk Overview
Risk Rating
Updated June, 13, 2024
30.17 | High Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,109
Rank
Percentile

Consumer Services
Industry
of 469
Rank
Percentile

Restaurants
Subindustry
of 142
Rank
Percentile

First Watch Restaurant Group Affiliates
Subsidiaries (1)
Name | Industry | Location | Year Founded |
---|---|---|---|
The Good Egg | Scottsdale, AZ | 1987 |
First Watch Restaurant Group FAQs
-
When was First Watch Restaurant Group founded?
First Watch Restaurant Group was founded in 1983.
-
Where is First Watch Restaurant Group headquartered?
First Watch Restaurant Group is headquartered in Bradenton, FL.
-
What is the size of First Watch Restaurant Group?
First Watch Restaurant Group has 15,000 total employees.
-
What industry is First Watch Restaurant Group in?
First Watch Restaurant Group’s primary industry is Restaurants and Bars.
-
Is First Watch Restaurant Group a private or public company?
First Watch Restaurant Group is a Public company.
-
What is First Watch Restaurant Group’s stock symbol?
The ticker symbol for First Watch Restaurant Group is FWRG.
-
What is the current stock price of First Watch Restaurant Group?
As of 23-Apr-2025 the stock price of First Watch Restaurant Group is $20.00.
-
What is the current market cap of First Watch Restaurant Group?
The current market capitalization of First Watch Restaurant Group is $1.22B.
-
What is First Watch Restaurant Group’s current revenue?
The trailing twelve month revenue for First Watch Restaurant Group is $1.02B.
-
Who are First Watch Restaurant Group’s competitors?
Cracker Barrel Old Country Store, Jack In The Box, Denny's, Pizza Hut (Restaurant), and Olive Garden are some of the 23 competitors of First Watch Restaurant Group.
-
What is First Watch Restaurant Group’s annual earnings per share (EPS)?
First Watch Restaurant Group’s EPS for 12 months was $0.31.
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